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Brent and Light Crude Oil Prices Fall in London and New York
The prices of both Brent crude oil and Light crude oil saw declines in trading on April 2, 2025. On the London ICE (Intercontinental...
US Crude Oil Price Faces Key Support at $68.90 – Market Forecast for March 31, 2025
US crude oil prices have been trading sideways in recent intraday sessions as the market seeks a bottom to build momentum for a potential...
Does Gasoline Evaporate Quickly?
Gasoline, a crucial fuel for many vehicles, machines, and industries, is well-known for its volatile nature. It's a liquid fuel derived from crude oil...
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The Commodities Feed: Sanctions Push Oil Higher
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE...
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US Slaps Iran-Related Sanctions on Oil Tankers, Chinese ‘Teapot’ Refinery
On Thursday, the U.S. Treasury Department imposed new sanctions targeting entities linked to Iran’s oil trade. Among...
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Brent Oil Price Forecast – March 14, 2025
Brent oil prices are making a push to break above the $70.75 level, which, as highlighted earlier,...
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Oil Prices Edge Higher on China Stimulus and U.S. Stockpile Decline
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Oil prices inched up on Thursday during thin holiday trading, supported by expectations of additional fiscal stimulus in China and a projected decline in...
Brent Oil Price Faces Temporary Pressure, Sideways Movement Expected – Forecast for Today – 24 December 2024
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Brent oil prices experienced a decline yesterday, reaching the 72.06 support level, before rebounding to trade around the 73.00 mark. The price may test...
Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024
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Crude oil prices have rebounded after approaching the $68.60 mark, effectively canceling the previously anticipated double top pattern. This upward movement now sets the...
Brent Oil Price – Sideways Movement Expected – Forecast for December 23, 2024
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Brent oil prices have reached a near-term high, coming close to the previously targeted 72.06 USD level, before bouncing upwards towards the 73.90 USD...
Brent Oil Price Forecast Update – December 19, 2024
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Brent oil prices have remained relatively stable since the morning, with no significant movement observed. As a result, the bearish trend scenario remains intact...
Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)
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Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...
Brent Oil Price Receives Positive Momentum – Forecast for December 17, 2024
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Brent oil price is fluctuating around the critical support level of $73.90. As mentioned in yesterday's analysis, maintaining price levels above this support is...
Crude Oil Price Forecast – December 16, 2024
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Crude oil prices are displaying a slight bearish bias, approaching the key support level at $70.58. For the bullish trend to remain valid, the...
Brent Oil Price Forecast – December 16, 2024
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Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum that could help resume the expected bullish...
Brent Oil Prices Reach Target – Forecast for 12-12-2024
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Brent oil prices surged higher yesterday, successfully reaching the anticipated target of $73.90. The price is now testing the potential to break through this...
Crude Oil Prices Hit Target – Forecast for 12-12-2024
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Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level. The outlook remains bullish, with expectations for...
Brent Oil Price Struggles to Break Key Level – Forecast for 11-12-2024
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Brent oil prices failed to break the $72.06 level, but have shown positive movement at today’s open, setting the stage for potential gains in...